Low-price buy-to-let with immediate income and rental uplift potential.
Long-term tenant in situ providing immediate income
Current gross rent £6,000 pa; market potential ~£7,800 pa
Freehold Victorian mid-terrace with compact 710 sq ft
Three bedrooms, lounge, kitchen, utility and three-piece bathroom
Small plot, typical terraced rooms — limited internal space
Area classified as deprived; local crime level above average
Requires tidying and possible refurbishment to increase rent
Buyer's premium applies on sale — allow extra purchase costs
A three-bedroom Victorian mid-terrace offered freehold with a long-term tenant in situ — ideal for buy-to-let investors seeking immediate income. The property currently yields a gross annual rent of £6,000, with scope to increase to around £7,800 at market rates, improving returns on the modest purchase price.
Internally the house provides a lounge, kitchen, utility area and a three-piece bathroom across compact, efficient rooms typical of terraced housing. The accommodation is functional but shows signs of clutter and will benefit from basic tidying and targeted refurbishment to maximise rental value.
Location is convenient for local shops, three primary schools and a secondary school, and has fast broadband and excellent mobile signal. Important considerations: the area is classed as deprived with above-average local crime, and the street is formed of similar blue-collar terraces — factors that influence tenant demand and rental levels.
This is a straightforward investment play: low entry price, established tenancy and upside through rental revaluation or light refurbishment. Buyers should allow for refurbishment costs, factor area risk into yield calculations, and note a buyer’s premium applies to secure purchase.
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